INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
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Preparing a business plan
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Screening of business opportunity
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Evaluating self and the community
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Identifying the needs and wants of customers
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Detailed explanation-1: -This final step is really straightforward: Just do it: Complete the daily actions, and then do something extra to accelerate your success plan. If you approach your plan and get butterflies in your stomach, either get over it or substitute an action that you’re comfortable with so you stay on course.
Detailed explanation-2: -The opportunity identification stage can be divided into five main steps namely getting the idea/scanning the environment, identifying the opportunity, developing the opportunity, evaluating the opportunity and evaluating the team (Gartner et al, 1999:220; Ardichvili et al, 2003:108).
Detailed explanation-3: -Innovation Brainstorming. Market Research. Social Listening & Monitoring. Availability of Raw Materials. Internal Demand Analysis. Market Size. Management Skillsets. Access to the customers. More items •02-Feb-2023